Dream Ticket to a

A LUXURY YACHT FRAC­TIONAL OWN­ER­SHIP PRO­GRAMME OF­FERS THE JOY AND AC­CESS OF A PRI­VATE YACHT WITH­OUT THE HAS­SLE

Hong Kong Tatler - - Great Escapes -

SPEAK TO ANY BOAT­ING EN­THU­SI­AST AND THEY’LL GLADLY TELL YOU THAT GET­TING OUT ON THE WA­TER IN YOUR OWN YACHT CAN BE THE UL­TI­MATE FREE­DOM. LUXURY YACHT SHARE ASIA ( LYSA) IS PO­SI­TION­ING IT­SELF AS A SMART PRO­GRAMME THAT OF­FERS ALL THE EN­JOY­MENT OF BOAT OWN­ER­SHIP WITH­OUT THE LO­GIS­TICS AND FI­NAN­CIAL BUR­DEN.

THE FRAC­TIONAL PRO­GRAMME AL­LOWS UP TO FOUR OWN­ERS TO SHARE A LUXURY YACHT. EACH CO- OWNER IS ABLE TO EN­JOY AD­E­QUATE QUAL­ITY TIME ON THE WA­TER AN­NU­ALLY, WITH A SO­PHIS­TI­CATED TEAM HAN­DLING THE BOOKINGS PROCESS, MAIN­TE­NANCE AND MOOR­ING. THE CONCIERGE BOOK­ING SER­VICE IS SAID TO BE SEAM­LESS.

ALTHOUGH A REL­A­TIVELY NEW IDEA IN HONG KONG, FRAC­TIONAL OWN­ER­SHIP HAS BEEN AROUND FOR DECADES IN EUROPE AND THE UNITED STATES, AND AL­LOWED THOU­SANDS OF PEO­PLE TO SHARE IN THE OWN­ER­SHIP OF TH­ESE EX­PEN­SIVE AS­SETS.

ALTHOUGH THE CON­CEPT SOUNDS SIM­I­LAR TO A TIME­SHARE AR­RANGE­MENT, IN THIS CASE, THE OWN­ERS TAKE POS­SES­SION OF A SHARE IN THE PHYS­I­CAL AS­SET AND HAVE CON­TROL OVER IT. UN­LIKE A TIME­SHARE, ONCE THE CON­TRACT ENDS, THERE IS NOTH­ING LEFT BUT THE MEM­O­RIES.

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